How Your Freight Firm Can Become Successful ina Tumultuous Market

 Remaining engaged with your clients, offering solutions to their new needs and staying focused on your business goals will help boost your business through challenging periods.

By John Lipscomb, President of National Shipper List

KEEP A DIRECT RELATIONSHIP WITH YOUR CLIENTS

You may hesitate to interact with your clients right now, but you could lose a great opportunity to maintain and cultivate current bonds.

This doesn’t imply you should push your clients to make a sale. Now it’s an ideal opportunity to remind them of how you can help regulate their business dynamics. If you treat your clients with understanding and offer relevant insights, they’ll most likely contact you whenever they deem appropriate.

ADAPT YOUR SERVICES TO ACCOMMODATE CLIENT NEEDS

Adopting a more flexible approach is vital. Over the last few months, a number of supply chains have shown a raised demand in aspects of their businesses that may not have been used before. For instance, you have a client that has a history of using your business for its minor truckload demands but now seeks your assistance for faster shipping.

Ensure that your clients are aware of the entire range of your offerings and the way/s you can meet their new requirements. Not only could this resolve customer issues, but it could also turn into a new income stream for your freight company.

Moreover, this could be a great opportunity for you to gain a better grasp of your clients’ needs. For instance, are you aware of how their activities have shifted this year? Where are your rivals at?

All these insights will give you an edge the next time you interact with your clients.

BECOME MORE FAMILIAR WITH YOUR BUSINESS

If you happen to have more time and energy, you can seize this opportunity to get to know your business dynamics better.

        Pinpoint any areas of your business that require improvement

        Keep track of your revenue comparisons every month

        Be aware of how your employees are tackling the new standards.

The more you are acquainted with how your business is running, the greater position you’ll have as the field settles.

KEEP YOUR TEMPORARY TARGETS & REASSESS YOUR LONG-TERM GOALS

John Lipscomb, President of National Shipper List and a former industry insider says, “Sometimes it’s hard to remain focused with so many things running at the same time, particularly if your business has been unsteady lately. In the short-run, you should adhere to the goals you have set already. You have set these goals for a special reason and you do your best to keep them.”

But, when it comes to your long-term goals, they will have to be reevaluated. Plan for your business future ahead depending on your current knowledge and realize that you may have to shift your priorities with the passage of time.

If you feel that your businesses’ future is unclear, you are not the only one. Staying involved with your clients and offering solutions to their new needs without losing track of your business targets, will help boost your business during challenging times. It will also pave the way for success as circumstances improve. If you are looking for a freight broker then you are right place. 

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